Sumit Choudhary's Contact Details

Sumit Choudhary's Company Details

Bijak

Gurugram, Haryana, India • 51 - 200 Employees
Financial Services

Founded in April 2019, Bijak is a B2B marketplace for suppliers and buyers across India's Agri value chain. Bijak aims to bridge the information asymmetry and lack of accountability in agricultural commodities trading. Since launch, Bijak has expanded across 22 states, 400 regions, and 80+ commodities. We currently have a lean team of 60+ and are growing on a rocket trajectory.B2B traders, who control 80% of India's USD 300 Bn Agri value chain, have limited access to technology, information, and credit. Bijak helps these customers/MSMEs discover each other along with the counter party's rating so that customers can transact with minimal friction by accessing Bijak's layer of trust & reliability. The suppliers and buyers are not just able to transact or discover each other but are also able to find out meta-data of each other to make a faster & reliable transaction through the application.The founding team have been entrepreneurs, investment bankers, and venture capitalists across various organizations in the past - J.P.Morgan, Avendus Capital, Rocket Internet, Asia Innovations Group, Transit Capital, ZS Associates, etc. They have led & run start-ups backed by global funds such as Index Ventures, KPCB, Matrix Partners, etc.Bijak is backed by well renowned global investors, who have invested across unicorns and have taken companies to IPO globally. Bijak has raised ~$33.5 MN (INR 250 Crores) across three rounds from RTP Global, Sequoia Capital, Bertelsmann India, Omidyar Network, Omnivore Partners, Better Capital, Angel List, and Tempo ventures.